PNG BANK WORKERS END THREE-WEEK STRIKE

PORT MORESBY, Papua New Guinea (August 3, 2001 -- Radio Australia)---A three-week strike by workers at the Papua New Guinea Banking Corporation has ended, following an agreement brokered by the country's Arbitration Tribunal.

The accord comes just 24 hours after the bank’s management threatened to sack the striking workers if they did not return to work.

Banking services are returning to normal across PNG today, but it may take some time to clear the backlog of work caused by the lengthy strike.

The strike was called as part of a dispute over privatization of the government-owned bank, which is the first of several state assets the PNG government intends to sell off.

For additional reports from Radio Australia, go to PACIFIC ISLANDS REPORT News/Information Links: Radio/TV News/Radio Australia.

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